Stanley Black's most recent trend suggests a bullish bias. One trading opportunity on Stanley Black is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 5.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Stanley Black is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Stanley Black is bullish.
The RSI indicator is at 29.57 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Stanley Black
Midday movers: Apple, Stryker, McKesson & more
Thu, 24 Oct 2013 16:12:27 GMT
CNBC – Take a look at some of Thursday midday movers:
Jim Cramer: Sell Black & Decker, But Buy Wal-Mart and These 3 Stocks
Wed, 23 Oct 2013 14:55:05 GMT
Fired with expectations?
Mon, 21 Oct 2013 22:25:00 GMT
CNBC – General Electric reported flat earnings per share, says Mad Money host Jim Cramer. He explains why General Electric has become a “go-to” stock, while Stanley, Black and Decker has become one …
The earnings excuse you'll hear everywhere
Mon, 21 Oct 2013 17:31:00 GMT
Bull bets on Stanley Black & Decker
Mon, 21 Oct 2013 09:14:47 GMT
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